The CSRC is investigating a broker, a law firm, an asset appraisal firm, and accounting firm over their alleged involvement in share sales.
August 25, 2021Criminals made $350mn in 2020 from ransomware payments, representing an increase of 311% in one year.
July 16, 2021Strengthening financial institutions’ resilience has never been more important, say Gabriele Vigo and Olivia White at McKinsey.
July 11, 2021The Nordic Centre was opened in collaboration with the central banks of Denmark, Iceland, Norway and Sweden.
June 17, 2021The launch is part of a plan to expand the global reach of the BIS Innovation Hub, which includes the opening of Centres in Toronto, Frankfurt, Paris and Stockholm.
June 12, 2021Cross-border effects are creating a layer of risks on top of scars that Covid has already inflicted on the domestic economy, the FSCC says.
June 8, 2021In a new advisory, MAS highlights the key risks and control measures FIs should consider before adopting public cloud services.
June 4, 2021Licensed credit bureaus will be required to establish a Code of Conduct and comply with requirements on technology risk management and cyber security.
June 1, 2021The potential for funds to move quickly into CBDC accounts could cause credit strains in some banks and push up interest rates.
May 21, 2021The new Business Responsibility and Sustainability Reports will contain disclosures relating to ESG risks, sustainability performance, environmental metrics, and social factors.
May 13, 2021